what is sentences of foreclose
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noun. (Finance: Mortgage) Foreclosure is the act of a lender, especially a mortgage lender, taking the collateral on a loan when loan payments are not made. If you do not make your mortgage payments, the bank will put your house into foreclosure.
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They've been unable to make their mortgage payments, and the bank has threatened to foreclose. The bank has threatened to foreclose their mortgage. These example sentences are selected automatically from various online news sources to reflect current usage of the word 'foreclose.
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